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InterOil Corp (NYSE:IOC)
3-Year Average Buyback Ratio
-0.70 (As of Mar. 2016)

This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

IOC' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -15.5   Max: 0
Current: -0.7

-15.5
0

During the past 13 years, InterOil Corp's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -15.50. And the median was -4.55.

IOC's 3-Year Average Buyback Ratio is ranked higher than
60% of the 67 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: -1.90 vs. IOC: -0.70 )

Definition

This is the average share buyback rate of the company over the past 3 years.


Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Related Terms

Net Income

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